Courtesy of: Marius Kerkhoff, Broker, Re/Max a-b Realty Ltd Brokerage
$2,000,000
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10,276 square feet
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Business
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$2,000,000
25 MAIN STREET E Looking for an investment with a return with a 7.5% cap rate? This property is operated as a retirement home with 20 beds, main floor kitchen plus an on-site residence for the owners, a car port , ample parking, and substantial upgrades over the past seven years, including a new elevator, fire suppression systems, windows, stand by generator, and much more. This is a building/land sale only. The tenant will sign a 5 year triple net lease with an extension option for a further 10 years. (id:203)